Good catch...
Not quite sure though.
That means testing is about to steal defeat from the jaws of victory
Maybe $2500 per year that you were awarded the pell grant
@Typical Knicks Fan is correct.Up to seems to mean if you have a pell grant and a balance of 22k you will get 20k forgiven. If the debt is 15k then 15k will be forgiven.
Non pell grant if the debt is 12k then 10k is forgiven. Debt is 8k then 8k is forgiven. Etc.
Hopefully.
What does the “up to” in “up to $20,000” or “up to $10,000” mean?
- Your relief is capped at the amount of your outstanding debt.
- For example: If you are eligible for $20,000 in debt relief, but have a balance of $15,000 remaining, you will only receive $15,000 in relief.